Hanlon Investment Management Inc. Lowers Holdings in Vanguard Growth ETF (NYSEARCA:VUG)

Hanlon Investment Management Inc. cut its stake in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 58,091 shares of the company’s stock after selling 921 shares during the quarter. Vanguard Growth ETF makes up 6.4% of Hanlon Investment Management Inc.’s portfolio, making the stock its 2nd largest holding. Hanlon Investment Management Inc.’s holdings in Vanguard Growth ETF were worth $21,727,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in Vanguard Growth ETF in the fourth quarter worth $2,286,000. Vantage Financial Partners LLC raised its holdings in shares of Vanguard Growth ETF by 44.2% in the fourth quarter. Vantage Financial Partners LLC now owns 5,261 shares of the company’s stock valued at $1,636,000 after buying an additional 1,613 shares during the last quarter. Aveo Capital Partners LLC lifted its position in Vanguard Growth ETF by 1.6% during the 4th quarter. Aveo Capital Partners LLC now owns 22,974 shares of the company’s stock worth $7,142,000 after buying an additional 368 shares in the last quarter. Principal Securities Inc. acquired a new position in Vanguard Growth ETF during the 4th quarter worth about $2,252,000. Finally, Van Hulzen Asset Management LLC grew its holdings in Vanguard Growth ETF by 9.3% during the 4th quarter. Van Hulzen Asset Management LLC now owns 1,076 shares of the company’s stock worth $335,000 after acquiring an additional 92 shares during the last quarter.

Vanguard Growth ETF Trading Down 2.0 %

Shares of VUG stock opened at $356.23 on Friday. The firm has a market capitalization of $122.72 billion, a price-to-earnings ratio of 39.58 and a beta of 1.26. The firm’s 50 day moving average is $370.58 and its 200-day moving average is $355.44. Vanguard Growth ETF has a 1 year low of $260.65 and a 1 year high of $392.14.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.